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Oblates Press Banks to Restore Public Trust May 21st, 2014
JP Morgan Chase Tower, Houston, TX; by Gabor Eszes, used under Creative Commons license, Wikimedia Commons
Fr. Seamus Finn OMI represented the Missionary Oblates of Mary Immaculate and other members of the Interfaith Center on Corporate Responsibility (ICCR) at the Annual General Meeting of JP Morgan Chase in Tampa on Tuesday.
Fr. Finn commended the bank on the steps taken thus far to produce a report commissioned by the Board of Directors in response to an ICCR shareholder proposal. The report is to describe “the steps that the Firm has taken to address a number of challenges it faced” since the near collapse of the global financial system in 2008.
Fr. Finn noted that “too many people are still living with the consequences of that crisis and the TRUST and confidence of the public has neither been repaired or restored. We believe the report that we have requested and our company has agreed to complete over the coming months can, when its recommendations are implemented, make a contribution to the restoration of the trust that is necessary for the reliable, safe, effective and ethical functioning of the financial system.”
Read the complete Statement at JP Morgan Chase AGM
Join “Campaign Nonviolence”. May 19th, 2014
Pax Christi USA, of which OMI JPIC is a member, has endorsed Campaign Nonviolence, a movement to promote non-violence that is being circulated through Pace e Bene.
This campaign works to connect the dots between poverty, militarism, racism and the environment, and is promoting study groups around the country as well as direct action to serve as a public witness. Campaign Nonviolence will take action September 21-27 in cities across the United States as part of the long-term struggle to abolish war, end poverty, reverse climate change, and to build a culture of peace.
Please visit the Pace e Bene website where you will find a wealth of information and suggestions for concrete actions to support the Campaign.
Bring Back Our Girls! May 13th, 2014
Nigerian Oblate Father Ali Nnaemeka Cornelius, OMI writes about the plight of the abducted schoolgirls in Nigeria, prays for the return of the abducted girls and urges for more actions to free them. In the article Fr. Cornelius says, “There are therefore certain reasons that brought us to where we are today. What the world maybe has not known before is that Boko Haram has been causing much other serious havoc in Nigeria over the years. The only problem is that for many reasons we have been dying in silence.”
Read the article at the weekly blog publication of the US Missionary Oblates JPIC office
Pentecost Toolkit on Immigration May 13th, 2014
Justice for Immigrants, the immigration campaign of the USCCB, has created a Pentecost toolkit of resources that parishes, Catholic agencies, religious communities and other JFI supporters can begin to use today.
They also have many copies of the booklet, A Catholic Teaching on the Issue of Immigration, which would be useful for Catholic groups and parishes. If you want copies of the booklet(s), or if you have any questions about the Pentecost toolkit, please call The Justice for Immigrants Team, 202-541-3165 or email via their website.
OIP joins Domini and other Shareholders in urging Google to pay its fair share of taxes May 11th, 2014
Many companies claim they are forced by shareholders to dodge taxes in order to maximize profits, but what would a company do if its shareholders insist that it actually pay its fair share in taxes?
A group of Google shareholders, headed up by Domini Social Investments, may soon find out. The group has filed a proposal for consideration at the shareholder annual meeting asking the company to adopt a set of principles regarding taxes. The shareholders are recommending that the principles include consideration of any “misalignment between tax strategies and Google’s stated objectives and policies regarding social and environmental sustainability.”
The proposal comes after several widely publicized stories about Google’s aggressive tax planning which moves billions of dollars annually to offshore tax havens. In 2012 alone, Google dodged an estimated $2 billion in income taxes by shifting an estimated $9.5 billion to offshore tax havens.
Continue reading this story from Citizen’s for Tax Justice…
